Excerpts from an article by Andra Zaharia via Comparitech. It’s has not been difficult to feel the dramatic increase in cyber crime in recent years. Data breaches seem to be an almost daily occurrence and damage is reaching the trillions of dollars. In a comprehensive article via Comparitech, author Andra Zaharia has collected and organized over 100 up-to-date internet security … Read More
A cyberattack that leads to down time and lost data can be more costly for smaller companies than for larger businesses — an average of $763 per affected computer or other device versus $470, according to a 2018 study by the Poneman Institute, which researches data protection. Many small businesses don’t have sophisticated systems to protect themselves from hackers, viruses, … Read More
It is essential that the world is aware of the terrifying cyber crime statistics in 2018. Jack Foster of VPN Geeks.com has compiled a number of eye-opening facts from McAfee, Symantec and other cyber security outlets. 780,000 records were lost per day in 2017 Over 24,000 malicious mobile apps are blocked daily Microsoft Office file formats are the most used malicious file … Read More
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Industrial cyber security is a highly growing and dynamic area of concern that includes industrial control systems, network security, hardware and network solutions which are designed for the secured operation of machines and plants. Industries such as transportation, power grid, oil & gas and manufacturing are turning to whole connected systems rather than stand alone, making them more vulnerable to cyber-attacks. Major … Read More
There were 918 data breaches which compromised 1.9 billion data records in the first six months of 2017, according to Gemalto. That’s an increase of 164 percent compared to 2016. Governments around the world are introducing legislation which will force more companies to disclose data breaches. “Two-thirds of firms breached had their share price negatively impacted. Out of the 65 … Read More
The cost of a data breach for enterprises in North America increased this year, according to a new report from Kaspersky Lab and B2B International, released Tuesday. The total impact of a data breach now amounts to $1.3 million for large companies—up from $1.2 million in 2016, the report found. Breaches cost an average of $117,000 per incident for small- … Read More
Many business leaders learned that their software patch management was behind. Additionally, many were surprised their backups didn’t work as planned, and their incident response planners didn’t have a playbook. There were also constraints that further contributed to the damage: lack of investment, lack of controls, or plain old apathy. The insatiable appetite for better, faster, cheaper, and connectivity is … Read More
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Edward Marshall, director, Global Family Office Group at Citi Private Bank, said, “As seen in recent news, the number of cyberattacks perpetrated against nations, corporations and individuals are increasing at a rapid pace. One of the most pressing issues our clients face now is cybersecurity as Family Offices have more and more become targets of cyberattacks. We hope this white … Read More